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To: KeepItSimple who wrote (66305)	7/5/1999 2:29:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Glenn, now you REALLY are letting your ignorance show. If you don't understand that the bid/ask on july calls are going to drop due to 3 days of premium evaporating without anyone having the ability to trade, then I dont know that there's anything else I can say. KIS, I have had enough of you. I understand options well as that is my specialty. The market basis the time premium on tradeable days not days to expiration. Watch it sometime. Are you too stupid to listen and learn? Sometimes a wise man might just listen. And I suppose the bid ask on a call couldn't POSSIBLY go down during a day if the underlying security goes up, right? I mean, that just couldn't be possible. This depends on the implied volatility. Do you know how that works, what causes it to change and what affect the beta has on the the implied volatility? Please explain this to teh thread. You are so wise LOL... Glenn